SOCAR-KBR JV bags program management contract in Azerbaijan

SOCAR-KBR JV bags program management contract in Azerbaijan

7:02 AM, 9th November 2016
SOCAR-KBR JV bags program management contract in Azerbaijan

HOUSTON, US: SOCAR-KBR joint venture (JV) said that it has been awarded a second program management consultancy contract for the Azerikimya Production Union of the State Oil Company of Azerbaijan.

This honour marks the second award to the JV, SOCAR-KBR Limited Liability Company (SOCAR-KBR LLC), since its start in mid-2015. SOCAR-KBR LLC was formed to help further Azerbaijan's ambition for creating a world-class Azerbaijan based engineering company. This will shape upon KBR's more than 20 years of project experience in Azerbaijan to perform program management services from its recognised offices in Baku for the Azerikimya modernization project.

"The modernization project will make it possible to increase the production facilities at Azerikimya, ensure the supply of raw materials to polyethylene and polypropylene production installations and to meet the demand in the country. It will also increase the country's export potential, enhance the security of the technological process and the quality of raw materials and finished products," said Rovnag Abdullayev, SOCAR's president.

"This JV combines KBR's extensive experience in the oil and gas sector with SOCAR's strong vision and leadership in the region to perform the program management role for this key project for Azerikimya. SOCAR KBR LLC will deliver successfully on this project and others in the region," added Jan Egil Braendeland, SOCAR KBR LLC board member and KBR executive VP of global sales.

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